$ 94,494.1
BTC
-0.14 %
$ 1,802.04
ETH
-0.19 %
$ 0.7045
ADA
-1.92 %
$ 608.83
BNB
0.37 %
$ 147.03
SOL
-2.52 %

Jafrin Ahmed
May 9, 2022

Instagram to Support NFTs from Ethereum, Polygon, Solana and Flow

Instagram NFTs
Instagram, the photo and video-sharing social media platform by Meta, will support NFTs issued on Ethereum, Polygon, Solana, and Flow. The social media platform is expected to announce a pilot scheme as soon as Monday.

NFTs are Coming to Instagram

According to a report from crypto publication CoinDesk, Meta’s Instagram, will support non-fungible tokens (NFTs) from several major blockchain networks including Ethereum, Polygon, Solana, and Flow.

While Meta is yet to officially confirm the move, the report says that the tech giant might make an official announcement as early as Monday.

Instagram intends to support the widely used crypto wallets MetaMask. Additionally, it will also not charge users for posting and sharing NFTs, as Twitter initially did for its hexagonal NFT profile pictures in January, the report added.

NFT Support Doesn't Come as a Surprise

Instagram’s foray into NFTs shouldn’t come as a surprise. In December, Instagram head Adam Mosseri said that the social media platform was “actively exploring NFTs” without revealing any further plans.

In January, Cryptoknowmics reported that the photo-sharing app had started internally testing its NFT showcasing feature.

Instagram to Support NFTs from Ethereum, Polygon, Solana and Flow
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Top Picks